1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lubasha [3.4K]
3 years ago
9

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 31,000 shares authorized, 15,6

00 shares issued, and 12,400 shares of common stock outstanding. The journal entry to record the dividend declaration is:
Business
1 answer:
notsponge [240]3 years ago
7 0

Answer:

Dr Retained earnings  $6,200

Cr Dividends payable               $6,200

Explanation:

The shares entitled to dividends payment are those outstanding as at when dividends were declared,that is those shares in issue as at the date of dividend declaration,in essence only the outstanding shares of  12,400 are entitled to dividend payment of $0.50 per share.

The amount of dividend payment=$0.50*12,400=$6,200

The total dividends declared of $6,200 would be debited to retained earnings and credited to dividends payable until the payment date when the cash would be settled.

You might be interested in
If you buy fewer than 10 pairs of UVex Clear UVExtreme safety eyewear for your employees, the cost is $7.40. But if you buy 10 o
juin [17]

Answer:

quantity discount

Explanation:

A quantity discount is a stimulus rendered to a buyer that brings about a decrease in cost per unit of goods or materials when purchased in greater numbers. A quantity discount is often rendered by sellers to attract customers to purchase in larger quantities.  

The seller is able to sell off more goods or materials, and the buyer gets a more better pricing for them. At the consumer level, a quantity discount can appear as a BOGO (buy one, get one discount) or other incentives, such as buy two, get one free.

7 0
3 years ago
Human evolution is not always straightforward and the path to discovery is often riddled with surprises and unexplained finds. F
Nadusha1986 [10]

Answer:

The fossils found on Flores indicated:

(1) A small body size

(2) Another species of hominin

5 0
3 years ago
Positive analysis neutral analysis normative analysis is concerned with what is​, and ▼ positive analysis neutral analysis norma
GuDViN [60]
Here are the answers in order: <span>Positive, normative, positive
Positive analysis usually used to find the most efficient way to solve a problem regarding the cost (sometimes it even involve something harsh and unethical)
Normative analysis refers to what should've been done after considering ethical value

</span>
7 0
3 years ago
If the economy booms and people's' incomes rise, then the demand curve for a normal good such as new houses will _____ and the e
Morgarella [4.7K]
<span>If the economy booms and people's' incomes rise, then the demand curve for a normal good such as new houses will shift to the right and the equilibrium quantity of new houses produced will increase.
</span><span>
Hope this helps !

Photon</span>
5 0
3 years ago
Kentucky Fried Chicken (KFC) suffered a major chicken sales decrease in Hong Kong immediately after running the Chinese version
ehidna [41]

Answer:

A.

Explanation:

To building multinational flexibility, you must need the ability to manage risk  and exploit opportunities arising from the diversity and volatility of the global environment.

You must understand and manage different forms of risk. Scan and respond to discontinuities in global environment. Also to select most attractive markets.

Localization pressures. There are:

-trade barries

-differences in technical standards

-unique distribution channels

-cultural differences (that impact product use)

-strong local/national

7 0
3 years ago
Other questions:
  • Development may be inhibited in command economies because..
    12·1 answer
  • Jones Retail. had the following balances and transactions during 2017:
    7·1 answer
  • A certain production process requires only two types of inputs — capital and labor. In 2006, 100 units of labor and 50 units of
    5·1 answer
  • A corporation called an outstanding bond obligation four years before maturity. At that time there was an unamortized discount o
    7·1 answer
  • Studying business ethics will not necessarily
    6·1 answer
  • The production of small consumer goods is referred to as?
    11·1 answer
  • Munoz Sporting Goods Corporation makes two types of racquets, tennis and badminton. The company uses the same facility to make b
    7·1 answer
  • Which of the following statements about price stickiness or flexibility is true? Multiple Choice Prices of many raw materials ar
    14·1 answer
  • Which strategy makes use of your prior knowledge to help you read and understand quickly? A. guessing from context B. previewing
    12·2 answers
  • Give the journal entry (FOR FULL CREDIT ALWAYS GIVE JOURNAL ENTRIES IN PROPER FORM: see Hints/FAQ tab for guidelines) when a bui
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!